Algeria

Our near-term outlook for the Algerian dinar is neutral. The currency has been in a multi-quarter downtrend against the US dollar, and the unit traded at DZD74.33/US$ on December 16.... 2011-12-16

BMI View: The macroeconomic recovery taking place throughout the Middle East and North Africa (MENA) fails to inspire us, highlighted in the region's average sovereign risk rating remaining... 2010-09-02

Egypt's CASE-30 index has fallen decisively through the support level of 6,800 which we highlighted on November 12. Although today's move mainly reflects the Orascom Telecom fiasco,... 2009-11-19

The past week has seen a sharp sell-off in the Algerian dinar, which tested DZD64.5/US$ on October 27, compared with levels of just over DZD59.0/US$ in late September. In light of... 2008-10-28

We expect Algeria to take advantage of another year of bumper oil revenues to reduce its external debt pile further. With public external debt now negligible, the overall external... 2008-08-19

Investors seeking exposure to the many compelling growth trends across sub-Saharan Africa (SSA) frequently cite the lack of market depth and liquidity as a key impediment to investment.... 2008-06-05

The dinar has appreciated steadily against the US dollar since mid-2006 due to a combination of upside pressures. Firstly, the greenback has dropped to record lows against almost... 2008-04-18

We see a reversal in the dinar's long-term appreciation against the dollar during 2008, forecasting a move back to DZD66.5/US$ by year-end. Looking further ahead, easing oil prices... 2008-04-14

Agricultural output in Algeria could dip this year due to low rainfall; the effect on GDP growth is likely to be muted but increased food imports could feed into higher inflation.... 2008-02-26

We expect that foreign exchange controls will remain in place for the duration of our forecast period. Despite Algeria's impressive macroeconomic fundamentals, the economy remains... 2008-02-06